Consider the following dialogue between Sharon and Amy, economics students taking a course on Money, Banking, Financial Markets and Institutions. SHARON: Hi Amy. The professor was talking about the stock market and the market for equities. Can you help me understand whether the two markets are different or the same? AMY: The stock market and the market for equities
◻
because
q,
SHARON: Which marker is the largest financial market? AMY: The largest market is
◻
SHARON: Would it be correct to say that when firms and corporations issue new stocks, they are sold in the secondary markets? AMY:
◻
. The markets where new stocks and bonds are sold are called
◻
markets